DealBook: U.S. Unveils Plan to Sell Stake in Ally, Once GMAC

The Treasury Department said it would exchange $5.5 billion of preferred stock into common shares, raising its equity stake to 74 percent, from 56 percent, of the outstanding common stock. The government, as part of its bailout of the financial system, had poured a total of $17.2 billion into GMAC, now known as Ally Financial, to stabilize the troubled auto and mortgage lender at the height of the crisis.

DealBook: U.S. Unveils Plan to Sell Stake in Ally, Once GMAC

Backlink: http://feeds.nytimes.com/click.phdo?i=27094cb19d3252cd2681fa41edf651e8

DealBook: Community Health Unveils $3.3 Billion Bid for Tenet

Community Health’s offer for Tenet Healthcare is an effort to become a leader in the for-profit hospital sector.

DealBook: Community Health Unveils $3.3 Billion Bid for Tenet

Backlink: http://feeds.nytimes.com/click.phdo?i=1a61939cf93783a00351630299ff24d3

NASA Unveils Arsenic Life Form

When cooking up the stuff of life, you can’t just substitute margarine for butter. Or so scientists thought.

NASA Unveils Arsenic Life Form

Backlink: http://www.wired.com/wiredscience/2010/12/nasa-finds-arsenic-life-form/